China Unicom's Q1 Profit Jumps 10% as Revenue Rises 2%
China United Network Communications Group's (SHA:600050) attributable profit rose 10% year over year to 7.17 billion yuan in the first quarter, according to a Monday filing with the Shanghai bourse. E
UBS: Target price of HK$7.5 for a “buy” rating for China Unicom (00762)
China Unicom (00762) remains unchanged in its full-year guidance, and its net profit growth for the 2024 fiscal year is expected to reach double digits.
Hong Kong Stock Announcement Nuggets | China Unicom's profit attributable to shareholders of RMB 5.613 billion increased 8.9% year-on-year in the first quarter
China Unicom's profit attributable to shareholders of 5.613 billion yuan in the first quarter increased 8.9% year on year; China Tower achieved operating income of 23.974 billion yuan in the first quarter, an increase of 3.3% year on year
China Unicom Logs Nearly 269 Million 5G Subscribers in March
China Unicom (HKG:0762, SHA:600050) recorded around 268.9 million 5G subscribers in March, according to a Friday filing by the telecommunications company. Overall subscribers, which consist of mobile
China Unicom (00762.HK)'s revenue for the first quarter reached 99.496 billion yuan, and net profit increased 8.9% to 5.613 billion yuan
Gelonghui, April 19 | China Unicom (00762.HK) announced that in the first quarter of 2024, China Unicom will adhere to high-quality development, focus on the current and long-term responsibilities of the network power and digital China, strengthen scale and value, and promote the coordinated development of the two main businesses of networked communications and digital intelligence. Operating revenue grew steadily, profit levels increased rapidly, user scale continued to expand, and the network infrastructure continued to consolidate. Reform and innovation reached a new level, laying a good foundation for achieving annual performance growth. The Group's revenue reached RMB 99.496 billion, up 2.3% year on year, and service revenue reached RMB 8
China Unicom (00762.HK) released March operating data: 5G package users reached 269 million
Gelonghui, April 19 | China Unicom (00762.HK) released operating data for March 2024. As of March 2024, the total number of “Big Connect” users reached 1027.843 million, the total number of 5G package users reached 268.865 million, and the total number of IoT terminal connections reached 528.510,000.
China Unicom (00762) smart customer service customer problem resolution rate in March was 98%
China Unicom (00762) announced that as of March 2024, a total of “Big Connect” users have arrived...
Investors Don't See Light At End Of China United Network Communications Limited's (SHSE:600050) Tunnel
When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 30x, you may consider China United Network Communications Limited (SHSE:600050) as an attractive investment w
China Unicom (600050.SH): Appoints Jian Qin as President
Gelonghui, April 10 | China Unicom (600050.SH) announced that according to the resolution of the 31st meeting of the 7th board of directors of the company, the meeting reviewed and passed the “Proposal on the Appointment of the President of the Company” and agreed to appoint Mr. Jian Qin as the company's president.
China Unicom (00762.HK) plans to hold a board meeting on April 19 to approve quarterly financial results
Gelonghui, April 9, 丨 China Unicom (00762.HK) announced that the company will hold a board meeting on April 19, 2024 (Friday) to approve (among other things) the financial results of the company and its subsidiaries for the three months ended March 31, 2024.
China United Network Communications' (SHSE:600050) Earnings Are Weaker Than They Seem
Despite posting some strong earnings, the market for China United Network Communications Limited's (SHSE:600050) stock hasn't moved much. We did some digging, and we found some concerning factors in
The Past Five Years for China United Network Communications (SHSE:600050) Investors Has Not Been Profitable
The main aim of stock picking is to find the market-beating stocks. But the main game is to find enough winners to more than offset the losers At this point some shareholders may be questioning thei
The 2023 results of the three major operators have been released! Raising dividends became the biggest highlight
Both Mobile and Telecom promised to increase the dividend rate to over 75% in the future
[Broker Focus] CITIC Securities: China Unicom (00762)'s performance last year was in line with expectations. Double-digit profit growth this year
Jinwu Financial News | CITIC Securities reported that China Unicom (00762) profit guidance led to double-digit growth, and capital expenditure declined significantly. The company's 2023 results are in line with expectations, and double-digit profit growth is expected in 2024. In 2023, the company's revenue was 372.60 billion yuan, +5.0% year on year; net profit to mother was 18.73 billion yuan, +11.8% year over year. In terms of networked communications business, revenue in 2023 was 244.6 billion yuan, +3.1% year-on-year. It includes six major segments: mobile networking, broadband networking, television networking, dedicated line networking, communication services, and information business. Revenue scale
China Unicom (00762) 2023 Results Meeting: Networked Communications Business Gradually Shifting to Networked Digital Intelligence Business Expected to Grow Double-Digit Revenue and Profit in 2024
As 5G network coverage improves, the company's investment focus is shifting from a stable network communication business to a high-growth network digital intelligence business. The capital expenditure in 2023 was 73.9 billion yuan, and network investment showed an inflection point.
Hong Kong Stock Announcement Nuggets | China Unicom (00762) Double increase in revenue and profit in 2023, profit attributable to equity holders reached 18.726 billion yuan, up 11.83% year-on-year
Important matters: The holding subsidiary of Tianqi Lithium (09696) plans to invest in the establishment of a joint venture, Xiaopeng Automobile-W (09868) to terminate the relevant agreement with Taobao China, Times Angel (06699) acquires all shares in CC Orthodontics from a partnership at zero cost Financial results: Xiaopeng Automobile-W (09868) announces 2023 results Net loss attributable to shareholders of 10.376 billion yuan, an increase of 13.53% year-on-year increase of 13.53% of the profit attributable to shareholders of Xiaomi Group-W (01810) in 2023 606.34% Global Intelligence
China Unicom (00762) smart customer service customer problem resolution rate in February was 98.0%
China Unicom (00762) announced that as of February 2024, the cumulative number of “Big Connect” users reached...
China Unicom (600050.SH): As of February, the total number of 5G package users reached 265.659 million
Gelonghui, March 19 | China Unicom (600050.SH) released operating data for February. As of February 2024, the total number of “Big Connect” users reached 1012.526 million, of which the total number of 5G package users reached 265.659 million, and the cumulative number of IoT terminal connections reached 516.341 million.
China Unicom Logs 12% Rise in Fiscal 2023 Profit
China Unicom (HKG:0762, SHA:600050) recorded an 11.8% rise in attributable profit for the year ended Dec. 31, 2023, to 18.73 billion yuan from 16.75 billion yuan during the year-ago period, a filing p
China Unicom (00762) will pay a final dividend of $0.1336 per share on June 26
China Unicom (00762) announced that the company will distribute on June 26, 2024 until 2023...
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